As Bags of Europe closed without a single sign on Thursday (21) with caution before the beginning of the Jackson Hole Symposiumorganized by the Federal Reserve (Fed, the US Central Bank), which may be decisive for the next steps of the authority.
In addition, the day had the disclosure of purchasing managers’ rates (PMIin the acronym in English), presenting advances in the activity.
On the radar, commercial negotiations were also and the negotiations for Ukraine War.
The European PAN Index Stoxx 600 closed down 0.03%to 558.91 points.
In London, the FTSE 100 rose 0.23%to 9,309.20 points. In Frankfurt, DAX advanced 0.06%to 24,291.32 points.
In Paris, CAC 40 gave 0.44%to 7,938.29 points. The quotations are preliminary.
At the Jackson Hole Symposium, and starts on Thursday, the highlight is Fed President Jerome Powell, who will make a long-awaited speech on Friday, amid expectations that the US BC will return to interest in September.
The Euro -zone PMI rose to 51.1 in August, reaching the highest level in 15 months, thanks to the good performance of the industry. In the United Kingdom, the compound PMI advanced to 53 this month, but with the help of the service segment. Numbers above 50 indicate activity expansion.
The US and the European Union (EU) announced on Thursday the structure for a commercial and tariff agreement.
The White House pointed out that the “sketch” will consolidate the business and investment relationship between the parties and will invigorate the reindustrialization of the economies involved.
Washington reiterated the 15% tariff ceiling about most EU products, same car rate and car parts.
Negotiations on a peace agreement in Ukraine also follow in the radar. On Wednesday (20), the relative to Ukraine without the participation of Moscow are “a way to nowhere.”
In Madrid, telephone shares fell 4.97%, pressing the IBEX 35, which fell 0.04%to 15,286.60 points. The reason for the fall is the strong rumors that circulate that the company would make a capital increase in the coming weeks.
In Milan, FTSE MIB rose 0.35%to 43,013.44 points. In Lisbon, the psi 20 advanced 0.43%, to 8,020.36 points.
